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Definition of business cycle noun from the Oxford Advanced Learner's Dictionary

business cycle

noun
 
/ˈbɪznəs saɪkl/
 
/ˈbɪznəs saɪkl/
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  1. a cycle or series of cycles in a business or in the economy in which economic activity increases and then decreases
    • The current downturn in the business cycle is the longest the company has yet experienced.
    Topics Businessc1, Moneyc1
See business cycle in the Oxford Learner's Dictionary of Academic English
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